The prices in real estate in Westbank, in the British Columbia region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Westbank has increased during the last 6 months. In September, the average price per sq.feet was $346. In the following month the price per sq.feet increased to $386. In the following two months the price per sq.feet has barely changed, going from $366 to $363.5 per sq.feet. The price per sq.feet has had a considerable increase of 118 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $364.75 to $430.5 during January, and February.
Based upon to the price in Westbank (cities), this has gone up in the last 6 months. The price in September is $566,942, rising in October till $596,000. During the following two months (November, December) the price has had an average incrementation from $581,471 to $615,084. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $598,277.5 and $625,372.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $605,157 they are 35 % more affordable than the average price for Westbank. The properties with the lowest average price have 2 bedrooms, Their price is 14 % cheaper than the average. After that we have properties with 3 bedrooms priced at $507,947.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $397 / sq.feet, with an average $445 / sq.feet price in Westbank. The properties with the highest average prices have 3 bedrooms. They are 19090 % more expensive than the average followed by properties with 1 bedroom with a price at $532 / sq.feet.
With regard to the average price based upon the property in Westbank we can see that the cheapest property type is "House" at a price of $507,947, they are 16 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 16 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $85,395 / sq.feet. "House" at an average price of $85,395 / sq.feet has the most expensive price and would be directed at more affluent cities.